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In order to proceed with the project, the Board now must authorize the Chairman to sign the <br /> Economic Development Positioning Analysis and Action Plan preparation services contract with <br /> Voltedge,Inc. The proposed contract is attached to this staff report (Attachment 1). <br /> FUNDING <br /> The$80,000 Phase I contract will be funded from the Economic Development Positioning Initiative <br /> line item in the General Fund(account number 00111052-088010-14003). This is budgeted in the <br /> current fiscal year for$37,500. Funding will be provided in next fiscal year for the remainder of <br /> Phase 1. <br /> RECOMMENDATION <br /> Staff recommends that the Board of County Commissioners approve the proposed contract between <br /> the Board of County Commissioners and Voltedge, Inc. for preparation of an Economic <br /> Development Analysis and Action Plan, and authorize the Chairman to execute the contract. <br /> ATTACHMENT <br /> 1.) Proposed contract between the Indian River County Board of County Commissioners and <br /> Voltedge, Inc. for preparation of an Economic Development Analysis and Action Plan. <br /> APPROVED AGENDA ITEM: Indiana River Co. Approved Date <br /> Admin. <br /> FOR: June 17,2014 Legal /( `' — j�..�2 -1 <br /> `f <br /> Budget } f <br /> Dept. <br /> Risk Mgr. <br /> FXommunity Development\UsersTDplannrTlans,Study's&Reports\Economic Positioning Initiative 2013- <br /> 2014\BCC Agenda Items\BCC Item-Consultant Contract V4.doc <br /> 4 <br /> 81 <br />